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Any idea why PM's are dropping like a rock?
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<p>[QUOTE="NorthKorea, post: 1679960, member: 29643"]Tell your professor to review the definition of inflation. M3 has increased 10%, but demand for M has actually increased along with the supply boost of M3, as such, inflation may actually slow even further in the short run. As demand for dollars as a store of wealth increases (due to FUBAR approaches by the EU to curb runaway inflation in member states), the demand for dollar denominated PMs will continue to be soft.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1679960, member: 29643"]Tell your professor to review the definition of inflation. M3 has increased 10%, but demand for M has actually increased along with the supply boost of M3, as such, inflation may actually slow even further in the short run. As demand for dollars as a store of wealth increases (due to FUBAR approaches by the EU to curb runaway inflation in member states), the demand for dollar denominated PMs will continue to be soft.[/QUOTE]
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Any idea why PM's are dropping like a rock?
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